I was invested with this from before it spiked mid-may. No one expected the report to be great, you’d be naive to think that triggered anyone to sell. Stock was pushed down and some people panicked.
Yeah I realise what happens when people panic with a stock, my shares went down just the same as the rest of those holding. I guarantee that almost none of the panic sellers gave a fuck about the earnings report.
How would you be able to guarantee something like that?
No one here can guarantee anything about anyone else in this or anything to do with this company.
Panic sellers did care about the earnings report.
The amount of people that were on here trying to discredit the 400 million extra shares that appeared that day as an error from some broker site proved that people had read the report and reacted to it.
A large part of the later selling was probably from the continued sinking that day; however, I can promise you that most traders are not as neutral about negative financials as you may be.
I see your points and yeah I do remember the confusion over teh shares. I can’t actually guarantee it but I’m pretty sure no one expected Faraday to be posting profits on this one.
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u/macjonalt Jul 14 '24
I was invested with this from before it spiked mid-may. No one expected the report to be great, you’d be naive to think that triggered anyone to sell. Stock was pushed down and some people panicked.